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Moved:  Cm. Garza

Second:  Cm. Rendon

For:     7Against:  0Abstain:  0

                2009-O-100  Authorizing the City Manager to execute a lease with Laredo Aero Center,

  Inc., for approximately 1.9727 acres (85,930.81 square feet) of land  

  located at 4700 Maher Avenue and known as Lot No. 1-B-2, Block No. 1,

  at the Laredo International Airport.  Lease term is for twenty (20) years

  commencing on January 1, 2009, and ending on December 31, 2029, and

  may be extended for two (2) consecutive ten (10) year terms ending on

  December 31, 2039 and December 31, 2049.  Initial monthly rent shall be    

  $3,160.00 and shall be adjusted annually according to changes in the

  Consumer Price Index and further adjusted by Fair Market Value appraisal

  on the 10th, 20th, and 30th anniversaries.  However, Lessee agrees to

  prepay the equivalent of six (6) months rent totaling $18,960.00 upon

  execution of this lease and the prepaid rent shall be applied to the rental

  due on the 7th, 8th, 9th, 10th, 11th, and 12th months of this lease, as

  Lessor waives Lessee’s rental obligation for the initial six (6) months \      

  commencing January 1, 2009 and ending on June 30, 2009, of the term of

  this lease; providing for an effective date.

Motion to adopt Ordinance 2009-O-100.

Moved:  Cm. Garza

Second:  Cm. Rendon

For:     7Against:  0Abstain:  0

2009-O-101  Authorizing the City Manager to execute a lease with Laredo Aero Center,

  Inc., for approximately 178 square feet constituting air operations area

(AOA) office #5 located at 5210 Bob Bullock Loop at the Laredo    

International Airport. 

1.  Lease Term is for one (1) year commencing on May 1, 2009, and    

ending on April 30, 2010, and may be extended for two (2) terms of one (1) each ending on April 30, 2011, and April 30, 2012.  Lease may be terminated by either party upon giving a thirty (30) day written notice from the party terminating to the other.

  2.  Monthly rent shall be $600.00 and will be adjusted during the primary

       and extension terms of this lease according to changes in the consumer

       price index; providing for an effective date.  

Motion to adopt Ordinance 2009-O-101.

Moved:  Cm. Garza

Second:  Cm. Rendon

For:     7Against:  0Abstain:  0

                2009-O-103  Authorizing the City Manager to execute a lease with Webb County for

  approximately 1,000 square feet constituting Building No. S-3 located at

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